Journal articles: 'Experience economy'

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Poulsson, Susanne H. G., and Sudhir H. Kale. "The Experience Economy and Commercial Experiences." Marketing Review 4, no. 3 (October 1, 2004): 267–77. http://dx.doi.org/10.1362/1469347042223445.

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Hultman, Johan. "Creating Experiences in the Experience Economy." Scandinavian Journal of Hospitality and Tourism 9, no. 4 (January 2009): 436–37. http://dx.doi.org/10.1080/15022250903119561.

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Clarke, Alan. "Creating Experiences in the Experience Economy." Tourism Management 31, no. 3 (June 2010): 448. http://dx.doi.org/10.1016/j.tourman.2009.05.004.

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Wehrli, Hans Peter, and Yvonne Heiniger. "Experience Economy." der markt 38, no. 3-4 (September 1999): 207–12. http://dx.doi.org/10.1007/bf03036337.

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Yoon, Hyejin, Catherin Song, Myunghee Ha, and Chulwon Kim. "Impact of COVID-19 Pandemic on Virtual Korean Wave Experience: Perspective on Experience Economy." Sustainability 14, no. 22 (November 10, 2022): 14806. http://dx.doi.org/10.3390/su142214806.

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This study examined the effect of four dimensions (i.e., the experience of education, entertainment, aesthetics, and escape) of the experience economy on participants’ attachment values toward tourism places in the context of the virtual Korean Wave experience during the COVID-19 pandemic. It also tested the relationship between attachment values and continuous immersion intention in virtual reality. An online survey was conducted on Asian people who experienced the Korean Wave culture, and 387 questionnaires were completed. Statistical analyses were used to establish the relationship between experiences, satisfaction, and continuous immersion intention comprising descriptive analysis, explanatory factor analyses, and multiple regression analysis. The result showed that the virtual Korean Wave (entertainment, educational, aesthetic, and escapism experience) significantly impacted participants’ attachment values. The meaningful virtual experiences would provide new insights into enhancing participants’ attachment to tourist places. There is little research examining the cultural experience and the attachment values of online users within the experience economy, despite the emergence and continuation of the novel coronavirus, which has led to many challenges in social, economic, technological, and medical systems’ lifestyles

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Shobeiri, Saeed. "Positioning of commercial experiences in the experience economy." Marketing Review 16, no. 1 (March 1, 2016): 78–91. http://dx.doi.org/10.1362/146934716x14636478977359.

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Stasiak, Andrzej. "Tourist product in experience economy." Turyzm/Tourism 23, no. 1 (March 11, 2014): 27–35. http://dx.doi.org/10.2478/tour-2013-0003.

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The turn of the 20th and 21st c. was marked by the development of experience economy, in which the basic commodities are not specific products, but the customers’ emotions, impressions and experiences. Tourism has always been a particular “holiday experience industry”. In recent years, however, the importance of the conscious creation of emotional tourism products has become even greater; we may observe continuous efforts to multiply and intensify tourism experience. The key activities to achieve this goal include transforming tourism infrastructure into unique tourism attractions, enlarging traditional services/service packages by elements providing additional emotions and satisfaction, using modern technologies in order to add virtual entities to real tourism space (augmented reality), as well as to conveniently record tourism experience and share it with the public.

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Lai, Ivan K. W., Dong Lu, and Yide Liu. "Experience economy in ethnic cuisine: a case of Chengdu cuisine." British Food Journal 122, no. 6 (July 3, 2019): 1801–17. http://dx.doi.org/10.1108/bfj-08-2018-0517.

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Purpose The concept of experience economy states that customers seek experiences whether from products and services. Tourism is at the forefront of the experience economy because tourists are looking for staged experience encompassing the four realms (entertainment, educational, esthetic and escapism). The purpose of this paper is to empirically explore the effects of the experience economy on tourists’ word-of-mouth (WOM) in Chengdu cuisine through satisfaction and memory. Design/methodology/approach In total, 397 valid data were collected from the tourists who have experienced the ethnic cuisine in Chengdu. A partial least-square structural equation modeling technique was used to examine the research model. Findings The empirical results indicated that esthetic is the antecedent of the other three realms of experience economy; esthetic, educational and entertainment experiences influence satisfaction; four realms of experience economy influence memory; and satisfaction and memory ultimately influence WOM. Practical implications The findings of this study provide practical implications for operators of ethnic restaurants in designing their restaurants and menus, travel agencies in planning the tour itinerary and governments in using ethnic cuisine for destination marketing. Originality/value This study is a pioneer in studying the experience economy in the ethnic cuisine. It has identified the relationships between four dimensions of experience economy of ethnic cuisine, tourist satisfaction, memory and WOM toward ethnic cuisine in a tourist destination. It has also integrated the senses of Chinese cuisine (“sight,” “smell” and “taste”) into the measures of esthetic experience for studying experience economy in ethnic cuisine.

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Rodigina, N., M. Logina, V. Musikhin, and V. Shabunin. "Creative economy: foreign experience." Mezhdunarodnaja jekonomika (The World Economics), no. 7 (July 1, 2020): 10–21. http://dx.doi.org/10.33920/vne-04-2007-02.

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The article deals with the topic of the creative economy and its role in modern world trade. The study analyzes quantitative indicators, provides a comparative analysis of creative industries in the regional breakdown, highlights and describes the characteristics of current trends. Special attention is paid to the experience of Germany and China as leaders in the development of creative industries of the national economy.

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Aslanishvili, Davit (David). "World Experience." International Journal of Risk and Contingency Management 10, no. 1 (January 2021): 45–53. http://dx.doi.org/10.4018/ijrcm.2021010105.

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This research studied the problem of the large-scale disproportion of success in the development of the banking sector and mostly unsuccessful development of the real sector of the economy. It should be noted that this disproportion is a subject of consideration in contemporary economic literature and the research is an attempt to broaden the issue and share ideas inside the international scientific circles. The main problem in the research is the impact of the banking sector's credit portfolio and the functioning of credit markets on the economic growth of the country. From the economic point of view, the main function of banks is to increase the financing/lending of funds as the core point to increase investments in the economy. Thus, the development of the country in economic terms depends on the increase of investments. At present, it is in the hands of the banking sector to lead us to the economic immobility or to accelerate country's economic development through efficient allocation of resources.

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Joseph Pine II, B., and James H. Gilmore. "A leader's guide to innovation in the experience economy." Strategy & Leadership 42, no. 1 (January 14, 2014): 24–29. http://dx.doi.org/10.1108/sl-09-2013-0073.

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Purpose – To succeed in the rapidly evolving experience economy executives must think differently about how they create economic value for their customers. Design/methodology/approach – Five value-creating opportunities are likely to drive further progress in the dynamic experience economy: customizing goods; enhancing services; charging for experiences; fusing digital technology with reality; and transformative experiences, a promising frontier. Findings – For leaders, five insights about the value-creating opportunities are key to achieving success via state-of-the-art experience staging, and they provide tested guidelines for managing in the experience economy, now and into the future. Practical implications – A huge first step in staging more engaging experiences is embracing the principle that work is theatre. So businesses should ask: What acts of theatre would turn our workers' functional activities into memorable events? Originality/value – Three key lessons: innovation to create high-quality experiences that customers will pay for is even more important than goods or service innovation. When you customize an experience, you automatically turn it into a transformation. Companies enabling transformations should charge not merely for time but for the change resulting from that time.

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Rossman, J. Robert, and Mat Duerden. "Changing the business narrative: a guide to successful experience offerings." Strategy & Leadership 50, no. 1 (December 17, 2021): 25–31. http://dx.doi.org/10.1108/sl-11-2021-0115.

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Purpose In this article, we aim to increase understanding of the unique nature of experiences in comparison to services and explain how narrative change can enable organizations to fully participate in the experience economy. Design/methodology/approach Drawing upon relevant experience design and experience economy literatures the paper outlines key differences between experiences and services. The narrative change process is then employed to provide managers specific guidelines for strategically reframing their value production paradigm to become more experience-centric. Findings rticulating key elements of an organization’s narrative such as characters and intended outcomes allows an organization to more intentionally change their narrative to align with the experience economy. Practical/implications The essential outcome of an experience is that participants do something for themselves ? for example, learn a new skill. Participation is integral to every experience transaction. Originality/value Although Pine, Gilmore, and others have detailed the differences between experiences and services, definitional disagreements and oversimplifications of these concepts still exist. This paper further differentiates these economic offerings. Additionally, this paper is the first to integrate the narrative change process into a discussion about experience strategy.

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Piras, Riccardo. "Knowledge Economy Spaces: Barcelona’s Experience." Spaces and Flows: An International Journal of Urban and ExtraUrban Studies 2, no. 3 (2012): 85–100. http://dx.doi.org/10.18848/2154-8676/cgp/v02i03/53661.

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Lorentzen, Anne. "Cities in the Experience Economy." European Planning Studies 17, no. 6 (June 2009): 829–45. http://dx.doi.org/10.1080/09654310902793986.

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Jensen, Martin Trandberg. "Handbook on the Experience Economy." European Planning Studies 22, no. 8 (March 13, 2014): 1765–67. http://dx.doi.org/10.1080/09654313.2014.888280.

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Rewtrakunphaiboon, Walaiporn, and Yothin Sawangdee. "STREET FOOD TOUR EXPERIENCE, SATISFACTION AND BEHAVIOURAL INTENTION: EXAMINING EXPERIENCE ECONOMY MODEL." Tourism and hospitality management 28, no. 2 (2022): 277–96. http://dx.doi.org/10.20867/thm.28.2.2.

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Purpose – This study examines whether and how the experience economy model can explain street food tour experiences and the role of street food tour experiences on satisfaction and behavioural intention. Design/Methodology – Data were collected from online reviews to gain insight into actual street food tour experiences. Quantitative content analysis was used to analyze textual data. Findings – Results indicated that the four realms of experience economy model could be used to explain street food tour experiences. In addition, the fifth realm, exploration, emerged in street food tour experiences. Positive street food tour experiences led to satisfaction, intention to re-visit, and willingness to recommend. Originality of the research – Interest in street food tours has increased, but there is still limited understanding of their activities and tourists’ actual experiences. This study explored an application of the four realms of the experience economy model in the context of street food tours and an existing argument about the fifth realm beyond the model. These issues remain the research gaps in food tourism research. The study provides insight into the role of street food tours in tourism experiences, satisfaction, and behavioural intention.

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Кривошеева, Татьяна, Tatiana Krivosheeva, Наталья Хаванова, Natalya Khavanova, Вадим Осокин, and Vadim Osokin. "Tourism industry employing personal experience marketing tools." Services in Russia and abroad 8, no. 3 (May 28, 2014): 3–14. http://dx.doi.org/10.12737/4092.

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With the concept of the experience economy in place, the evolution of the exchange object has made a step further to integrate experiences, calling forth a need for a marketing complex which would reflect the experiences and manage them. The concept of experience marketing was established and developed alongside the development of the concept of experience economy. Many scientists view tourism as a sector of service economy, which suggests that, as applied to the tourism industry, the experience marketing instrument will promote a sustained development of tourist service consumer catering activities.

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Агамирова, Екатерина, Ekaterina Agamirova, Виктория Лапочкина, and Viktoriya Lapochkina. "Experience economy: dancing in the park." Service & Tourism: Current Challenges 8, no. 2 (June 5, 2014): 50–59. http://dx.doi.org/10.12737/4310.

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The article presents the role and place of experience in a person´s life, shows the essence of his personality as a form of interaction with the environment. On the basis of defining the role of leisure and entertainment such areas of modern economic theory as «culture economy» and «experience economy» are highlighted. Dance is shown as a kind of leisure activity and as a commercial product. The authors give a list of open dance floors of Moscow and their locations on the map of the city.

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Ji, Shuyun, and Choong-Ki Lee. "Examining camping tourists’ experience using the experience economy theory." Korean Journal of Hospitality & Tourism 26, no. 7 (October 31, 2017): 21–37. http://dx.doi.org/10.24992/kjht.2017.10.26.07.21.

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Baron, Steve. "Global experience industries: the business of the experience economy." Business History 52, no. 4 (July 2010): 691–92. http://dx.doi.org/10.1080/00076791003765172.

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Argenton, Gerald. "Time for Experience: Growing up under the experience economy." Educational Philosophy and Theory 47, no. 9 (May 2015): 918–34. http://dx.doi.org/10.1080/00131857.2015.1035158.

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Wiles, Allison, and Alleah Crawford. "Network hospitality in the share economy." International Journal of Contemporary Hospitality Management 29, no. 9 (September 11, 2017): 2444–63. http://dx.doi.org/10.1108/ijchm-08-2016-0453.

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Purpose The purpose of this study was utilize the experience economy to assess the value of the network hospitality experience for the guest and to develop a better understanding of network hospitality as a unique alternative to traditional lodging. Design/methodology/approach This study used a mixed-methods approach, relying on content analysis and interpretive phenomenological analysis to answer the research questions. Guest reviews of hosts for a lodging-specific network hospitality website were used as the data source for this study. Findings The educational dimension of the experience economy was most represented during network hospitality experiences. Additionally, the factors that create value for network hospitality users include verbal communication, a sense of feeling at home, engagement in entertainment, food and beverage and the functional experience while the spirit of network hospitality, reciprocity and desire for continuation through future intention can have a great impact on the travel and tourism industry. Originality/value This research adds value to the current literature by providing a better understanding of the experience economy at work in network hospitality, primarily education and esthetics. Additionally a better understanding of what factors of the network hospitality experience create value for guests is developed. This work focuses on a fast-growing substitute for traditional lodging and therefore needs to be better understood.

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Shim, Changsup, Eun Ji Oh, and Chul Jeong. "A qualitative analysis of South Korean casino experiences: A perspective on the experience economy." Tourism and Hospitality Research 17, no. 4 (November 26, 2015): 358–71. http://dx.doi.org/10.1177/1467358415619673.

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This study aims to examine the casino experiences of South Koreans within the framework of the four realms suggested by Pine and Gilmore's concept of the experience economy. Employing a qualitative research method, the current analysis focuses on how casinos are experienced and contextualized by contemporary South Koreans who imbue casinos with different meanings depending on how the individuals have experienced these places. The results reveal that the concept of the experience economy provides a new perspective for casino researchers to shift focus away from the rational behavior of casino visitors to focus more on their subjective and emotional experiences. The findings particularly show that South Korean casino visitors get easily absorbed in the casino environment, although they are unlikely to be completely immersed; at the same time, most of the visitors remain passive participants in gambling activities. Several salient practical implications are provided for casino researchers and marketers.

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Sieczko, Anna, Anna J. Parzonko, and Wioletta Bienkowska-Gołasa. "Principles of the experience economy in designing an agritourism product." Agricultural Economics (Zemědělská ekonomika) 66, No. 4 (April 29, 2020): 175–82. http://dx.doi.org/10.17221/209/2019-agricecon.

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Taking action aimed at creating an attractive agritourism product contributes to the development of rural tourism. The main purpose of this study is to present reflections regarding the assumptions of the experience economy and their possible application in developing an agritourism product. The conducted empirical research involved a diagnostic survey method based on a standardized questionnaire. The study results show that the owners of Polish agritourism farms, when focusing on the material components of their offer, should also recognize the need to design memorable experiences for their clients.

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Melnyk, Leonid, Lina Sineviciene, Oleksii Lyulyov, Tetyana Pimonenko, and Iryna Dehtyarova. "Fiscal decentralization and macroeconomic stability: the experience of Ukraine’s economy." Problems and Perspectives in Management 16, no. 1 (February 14, 2018): 105–14. http://dx.doi.org/10.21511/ppm.16(1).2018.10.

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The main objective of this research is to study the role and impact of fiscal decentralization on the macroeconomic stability of the country. The paper analyzes and systematizes approaches to the definition of ‘macroeconomic stability’ concept. The key factors that impact macroeconomic stability are identified. In the framework of this research, the authors identify fiscal decentralization as one of the factors affecting macroeconomic stability. To determine the strength and statistical significance of the above mentioned relationship, the authors suggest presenting macroeconomic stability as a functional dependency between macroeconomic stability and the level of fiscal decentralization, which is described by the following variables: the growth rate of money supply, investment and openness of the economy, fiscal decentralization. In this case, it is suggested to determine the level of fiscal decentralization in three directions: expenditure decentralization, revenue decentralization and expenditure decentralization simultaneously.

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Sysoiev, Oleksii. "CIRCULAR ECONOMY EDUCATION: EXPERIENCE OF FINLAND." Modern Higher Education Review, no. 6 (2021): 76–86. http://dx.doi.org/10.28925/2518-7635.2021.66.

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Since the announcement of the National economic strategy 2030, the transition to a circular economy has become an agenda for Ukraine. In these conditions searching for good experience and practices is an essential priority for national higher education. The research focuses on analysing educational experience in the circular economy in the Republic of Finland. The Republic of Finland has become the first country to provide degree programmes in the circular economy. This theoretical research is based in particular on literature review as well as analysis of Finnish universities websites for studying the degree programmes (their learning content and structure), methods and forms of education. The article presents a generalised analysis of the bachelor, master and doctoral programmes in the circular economy or related sciences. The main findings are methods of education in circular economy distinguished according to the following principles: historical (project-based), priority in the pedagogy implementation (teaching and learning), students activities (combined methods), teaching strategies (heuristic methods), source of knowledge (direct or indirect study of reality). The project-based method dominates when a multidisciplinary student team designs the project. The education format varies from traditional to online.

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Semin, Alexandr N. "Ecovillage in the «economy of experience» system." Economy of agricultural and processing enterprises, no. 8 (2021): 2–6. http://dx.doi.org/10.31442/0235-2494-2021-0-8-2-6.

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The article reveals the features of a promising (extraordinary) type of settlements - ecovillages. They are presented as one of the new directions in which not only the “green economy” can develop, but also the “experience economy”. At the same time, the “experience economy”, in turn, is considered as the fourth economic proposal for the client (consumer), along with raw materials, products, services. Specific examples of MVT impressions are given, i.e. value of time in monetary terms spent on impressions.

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Stasiak, Andrzej. "Experience – an Old-new Paradigm of Tourism." Folia Turistica 41 (December 31, 2016): 0. http://dx.doi.org/10.5604/01.3001.0010.4008.

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Purpose. Implementing the general theory of experience economy in the domain of tourism and attempting to answer the question whether the philosophy of tourism industry should be modified, placing the tourist’s experience in the focus of attention. Method. Desk research – studies of foreign and Polish literature. Findings. Travel has always involved strong emotions. They were treated as a “side effect” of travelling rather than an important aim of tourism enterprise activity. The development of experience economy increased the demand for unique experiences and emotions, also in tourism. Feelings, excitement, mental satisfaction with a stay at a given place are becoming more important than the standard of tourism services. This statement leads to perceiving the tourist’s experience as the foundation of the comprehensive tourist brand strategy, the aim and sense of a company’s marketing activity. Adopting a new paradigm of tourism would require devising totally new methods and tools to professionally shape tourism products, strongly saturated with emotions. In order to turn an ordinary product to an extraordinary experience (Lasalle, Britton 2003), it is necessary to reorient thinking: tourist services package → tourist experience package. Research and conclusion limitations. The paper is based on the global conception of experience economy as well as many foreign and Polish publications. It can be assumed that the presented conclusions are true for all modern tourism markets. Practical implications. Apart from providing a theoretical foundation, the article also shows the benefits of focusing on unrepeatable tourist experiences and implementing experience marketing into the economic practice by tourism firms. Originality. The problems of experience economy are relatively new, both globally and in Poland. Although experience itself is not a new concept in tourism, the approach to it has changed – it has been placed in the focus of the tourism sector’s attention, recommending concentration on consciously shaping tourism products which provide unique experiences. Type of paper. An article presenting theoretical conceptions.

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Ketter, Eran. "It’s all about you: destination marketing campaigns in the experience economy era." Tourism Review 73, no. 3 (August 20, 2018): 331–43. http://dx.doi.org/10.1108/tr-03-2017-0053.

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PurposeThe experience economy is characterized by the consumers’ search for emotions and memorable experiences through consumption. While the experience economy has a fundamental effect on tourists’ decision-making and their consumer behavior, only a limited number of past studies have examined the relations between the experience economy and destination marketing campaigns. To extend the scope of the existing knowledge, this paper aims to explore the use of experience marketing in destination marketing campaigns.Design/methodology/approachThe study conducts a qualitative case study analysis of six national tourism marketing campaigns, i.e. it examines the use of experience marketing in tourism campaigns and the use of the strategic experiential module as an analysis framework for destination marketing campaigns.FindingsThe findings reveal an influence of experience marketing on the examined marketing campaigns as destinations highlight the motifs of memorable experiences, engaging people’s senses and creating meaning. In accordance with the strategic experiential module, the campaigns analyzed shift the marketing focal point from the characteristics of the destination to the tourists’ experiences of sensing, feeling, thinking, acting and relating.Originality/valueThe conclusions of the study contribute both to scholars and practitioners, extending the present knowledge of the link between experience marketing and tourism marketing, illustrating the effect of experience marketing on destination marketing and shedding new light on the role of the experience economy and experience marketing in tourism marketing campaigns.

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Kastenholz, Elisabeth, Diana Cunha, Ainhize Eletxigerra, Mariana Carvalho, and Isabel Silva. "The Experience Economy in a Wine Destination—Analysing Visitor Reviews." Sustainability 14, no. 15 (July 29, 2022): 9308. http://dx.doi.org/10.3390/su14159308.

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Wine tourism in rural territories, sometimes organised along wine routes, increasingly attracts visitors, tourism agents, wine producers and those responsible for developing rural territories. Wine tourism is located at the intersection of two distinct business sectors: the agribusiness-oriented wine production and the hedonic service/experience-oriented tourism activity. From the tourism perspective, the visitor experience is paramount and requires an understanding of its nature, conditioning factors and possible outcomes. This study analyses tourist experiences of the Bairrada wine route/Portugal, as reported by regional visitors on TripAdvisor. Results reveal not only the overall quite positive evaluation of these experiences, but also the importance of the aesthetic and educational experience dimensions, when applying Pine and Gilmore’s consumer experience framework. Diverse experience contexts contribute to a rich terroir experiencescape, where contents are far from limited to wine, wine cellars or wineries. These contexts seem to be connected distinctly to diverse experience dimensions, whose analysis should help regional developers understand the role of core resources and conditions for attracting, satisfying and delighting visitors. Additional understanding of the relationship between experience dimensions and outcomes, namely satisfaction and destination loyalty, should further help develop wine destinations more successfully.

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Radder, Laetitia, and Xiliang Han. "An Examination Of The Museum Experience Based On Pine And Gilmore's Experience Economy Realms." Journal of Applied Business Research (JABR) 31, no. 2 (March 3, 2015): 455. http://dx.doi.org/10.19030/jabr.v31i2.9129.

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This study determined whether Pine and Gilmores four experience economy realms (education, entertainment, escapism and esthetics) were represented by visitors experiences of three South African heritage museums, evaluated whether their experience expectations associated with the experience realms had been met, and examined the relationship between the latter, satisfaction and behavioral intentions. In addition, the relationship between personal and trip-related factors and the experience realms was investigated. Exploratory and confirmatory factor analyses identified three experience realms - edutainment, escapism and esthetics. While visitors had positive on-site experiences within all three experience realms, edutainment made the strongest contribution to the prediction of overall satisfaction and behavioral intentions. Age had a significant effect on respondents judgment about all three realms. Place of residence (local, national or international) had a significant effect on edutainment and esthetics.

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Gasimova, Elfana Nasimi, Lala Hamlet Mammadova, Gulchohra Saleh Salehzadeh, and Nisakhanim Boyukaga Huseynova. "ECONOMIC DYNAMICS OF DESIGN IN THE CONTEXT OF INTERNATIONAL EXPERIENCE." Academic Review 2, no. 57 (November 25, 2022): 203–15. http://dx.doi.org/10.32342/2074-5354-2022-2-57-16.

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The transition from a raw model of development to a creative one, the transformation into a technologically dynamic country capable of developing, producing, and applying high technologies, innovations for large-scale production of competitive goods and services, are considered the most significant components of the strategy for modernizing the economy at the present stage. The study mainly discusses the concept of “creative economy”, its main characteristics, principles, and the international experience of the design economy. Attention is also paid to the consideration of design as a tool and factor in the country’s economic development. The main purpose of writing the article is to study the expanded innovative reproduction system of the economy, to identify its main structural elements. In the last decade, the intensification of globalization, regionalization, modernization and transformation of the economic system has led to a kind of creative development, whose direction and pace are determined by man as an innovator, which increases the relevance of the research topic. The methodological basis of the research was the works of German and other foreign scientists on the problems of economic design. The following research methods were used to perform the tasks: monographic (to study the principles of management of the economic system); system-structural (to study the essence of sustainable economic design); institutional (to study the application of the design problem in institutions); abstract-logical (to make theoretical and methodological generalizations and formulate the results). The main result of the research over time is that the study of the relationship between economics and culture in existing economic models allows for a more in-depth study of the phenomenon of creativity as a factor in innovative processes. The development of research on the role of culture in the formation of human capital can be useful in the study of the main categories of economic development, such as productivity, innovation, creativity. Changes in the focus of cultural economics from the study of cultural heritage and art (welfare model and neoclassical model), as well as a reconsideration of the concept and content of culture, which we observe in these models, can lead to changes in cultural development. Originality/scientific novelty. The scientific novelty of the research consists of its plan and the points that were clarified for the first time. The rationality of the funds allocated by the state for creativity, the inactivity of business in this area, the lack of scientific research, the reduction in the number of researchers and engineers were cited as factors hindering the development of the creative economy. Practical value/implications. The practical significance of the research is related to the fact that the research topic, i.e, the creative economy, affects not only the creation of new products, but also their production methods. For example, practical research has shown that Japan is active in this matter. It was known that Japan was the first country to adopt non-traditional and creative approaches, given the peculiarities of the formation and development of the creative economy. Taking into account the Japanese experience, the use of creative abilities of employees based on physical labor can be applied. Given that Japan is constantly improving technologies, methods, directions, forms, industrial ideas, models and organizations to manage production processes and people, we can consider the possibility of applying this practice in our countries.

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Sadykova, E., and A. Ondash. "Creative Economy: World Experience and Kazakhstan." ECONOMIC Series of the Bulletin of the L.N. Gumilyov ENU, no. 4 (2021): 92–102. http://dx.doi.org/10.32523/2789-4320-2021-4-92-102.

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Akimova, Yu A., and Е. G. Kovalenko. "NETHERLANDS: EXPERIENCE IN CIRCULAR ECONOMY DEVELOPMENT." Фундаментальные исследования (Fundamental research), no. 12 2021 (2021): 17–21. http://dx.doi.org/10.17513/fr.43147.

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Oh, Haemoon, Ann Marie Fiore, and Miyoung Jeoung. "Measuring Experience Economy Concepts: Tourism Applications." Journal of Travel Research 46, no. 2 (November 2007): 119–32. http://dx.doi.org/10.1177/0047287507304039.

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Andersson, Tommy D. "The Tourist in the Experience Economy." Scandinavian Journal of Hospitality and Tourism 7, no. 1 (April 11, 2007): 46–58. http://dx.doi.org/10.1080/15022250701224035.

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Ward, Stephen V. "Brandscapes: Architecture in the Experience Economy." URBAN DESIGN International 13, no. 1 (March 2008): 53–54. http://dx.doi.org/10.1057/udi.2008.5.

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Arthur, Isaac Kwamena. "Experience economy, innovation and traditional industries." Innovation and Development 3, no. 1 (April 2013): 141. http://dx.doi.org/10.1080/2157930x.2012.721528.

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Mondloch, Kate. "The Influencers: Van Gogh Immersive Experiences and the Attention-Experience Economy." Arts 11, no. 5 (September 20, 2022): 90. http://dx.doi.org/10.3390/arts11050090.

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Van Gogh immersive exhibitions—multi-sited, branded multimedia environments inspired by the artist’s life and paintings—are seemingly ubiquitous in 2022. These itinerant digital spectacles bundle reproductions of Vincent Van Gogh’s most recognizable artistic motifs with tropes of fin-de-siècle madness, bathing their visitors in an artistic wonderland of projected images and soundscapes spread throughout cavernous exhibition venues. The popularity of these commercial juggernauts is unmatched. At present, at least five different companies are staging competing versions of digital Van Gogh art exhibitions in dozens of cities worldwide, with a particular emphasis at present on sites throughout North America. How are we as art critics to make sense of these exhibitions as well as their influence within the institutional context of the visual arts? Taking the digital Van Gogh phenomenon as its central case study, this article investigates the emerging art-themed immersive exhibition model and explores the specific mode of spectatorship it promotes. Situating these projects within the broader framework of the contemporaneous attention and experience economies, and with an eye toward the crucial role of social media, I propose that art-themed immersive exhibitions such as the Van Gogh immersive experiences exemplify habits of digitally-mediated, 24/7 immersive attention and consumption in art and in everyday life.

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Et al., Shermukhamedov Abbos. "“WORLD EXPERIENCE OF DEVELOPMENT TRENDS OF DIGITAL ECONOMY”." Psychology and Education Journal 58, no. 1 (January 30, 2021): 5546–50. http://dx.doi.org/10.17762/pae.v58i1.1951.

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The Digital Economy also referred as the New Economy. It refers to an Economy in which digital computing technologies are used in Economic Activities. The term 'Digital Economy' was first mentioned in Japan by a Japanese professor and research economist in the midst of Japan's recession of the 1990s. In the west the term followed and was coined in Don Tapscott's 1995 book, The Digital Economy: Promise and Peril in the Age of Networked Intelligence.[2] This was among the first books to consider how the Internet would change the way we did business.[3] In this new economy, digital networking and communication infrastructures provide a global platform over which people and organizations devise strategies, interact, communicate, collaborate and search for information. More recently,[7] Digital Economy has been defined as the branch of economics studying zero marginal cost intangible goods over the Net.

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Ratner, S. V. "European experience in transition to circular economy." Economic Analysis: Theory and Practice 19, no. 4 (April 28, 2020): 598–617. http://dx.doi.org/10.24891/ea.19.4.598.

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Subject. The article considers the concept of circular economy, which has originated relatively recently in the academic literature, and is now increasingly recognized in many countries at the national level. In the European Union, the transition to circular economy is viewed as an opportunity to improve competitiveness of the European Union, protect businesses from resource shortages and fluctuating prices for raw materials and supplies, and a way to increase employment and innovation. Objectives. The aim of the study is to analyze the incentives developed by the European Commission for moving to circular economy, and to assess their effectiveness on the basis of statistical analysis. Methods. I employ general scientific methods of research. Results. The analysis of the EU Action Plan for the Circular Economy enabled to conclude that the results of the recent research in circular economy barriers, eco-innovation, technology and infrastructure were successfully integrated into the framework of this document. Understanding the root causes holding back the circular economy development and the balanced combination of economic and administrative incentives strengthened the Action Plan, and it contributed to the circular economy development in the EU. Conclusions. The measures to stimulate the development of the circular economy proposed in the European Action Plan can be viewed as a prototype for designing similar strategies in other countries, including Russia. Meanwhile, a more detailed analysis of barriers to the circular economy at the level of individual countries and regions is needed.

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Осокин, Вадим, and Vadim Osokin. "Experience economy concept in the development of tourism and hospitality." Services in Russia and abroad 8, no. 3 (May 28, 2014): 54–61. http://dx.doi.org/10.12737/4098.

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The aspects of experience economy which were identified, studied and described by B. Joseph Pine II and James H. Gilmore are widely employed by service providers in a range of activities. Experiences do not only accompany the conventional product, but are themselves gaining the status of a product offered and consumed. Experiences are also increasing viewed as intrinsic to marketing and prerequisite for communication, certain managerial decisions and service provision. Therefore, decisions concerning a targeted effort at consumer experience creation will affect a company’s service activity system and sustained development. The author of the article identifies the application areas of the conceptual aspects of experience economy in the process of tourist and service enterprise development.

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Ha, Dong-hyun. "Experience on Theme Park - Pine & Gilmore? Experience Economy Perspective -." Journal of the Association of Korean Photo-Geographers 19, no. 1 (March 2009): 37–47. http://dx.doi.org/10.35149/jakpg.2009.19.1.005.

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Efremov, Nikolay A., and Marina P. Efremova. "GLOBAL EXPERIENCE IN THE USE OF "GREEN" TECHNOLOGIES." Oeconomia et Jus, no. 1 (March 26, 2021): 21–30. http://dx.doi.org/10.47026/2499-9636-2021-1-21-30.

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The article considers the experience of using "green" technologies in various branches of the economy. World practice shows that introduction and subsequent use of "green" technologies increase the efficiency of a particular branch of the economy. At this, the direction of development and the scope of using "green" technologies differ in different countries. Among the predominant areas of using "green" technologies, it is necessary to mark the construction sector, development of renewable energy sources, infrastructure projects, agriculture. Based on actual data, the predominant role of "green" technologies in the scenario for the development of most foreign countries' economies is shown. "Green" technologies in the world practice have become one of the promising directions in development of most branches of economy. The urgency of using "green" technologies in the Russian economy is caused by the fact that against the background of worsening environmental problems, increasing economic tension, the "green" vector of development will make it possible to solve not only environmental, but economic and social problems as well. The analysis of world experience in the use of "green" technologies in various fields of economy gives the opportunity to consider the "green" vector as one of the priority directions for the development of many sectors of Russian economy.

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Huyền, Nguyễn Thanh, and Minh Quyên Nữ Lê. "Private economic development, experience of some countries and lessons for Vietnam." Science & Technology Development Journal - Economics - Law and Management 5, no. 3 (June 14, 2021): first. http://dx.doi.org/10.32508/stdjelm.v5i3.761.

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Private economic development is an indispensable requirement. No matter what economic modeling approach that countries follow, governments could not deny the enormous contribution of this economic sector. In the current period of international integration, the role of the private economy is much more important to the majority of countries, especially industrialized nations. In our country, an affirmation was made regarding the importance of the private sector in the 12th Congress which asserted that: "The private economy is an important driving force of the economy". In fact, in recent years, the private economy has significantly contributed to national economic development. However, currently, there are still policy barriers that hinder the development of the private economy and the internal strength of the economy. Hence, the authorities should encourage researchers on conducting research with the aim of developing this kind of important economic component in accordance with the practical conditions of the country. Within the scope of the article, the author defines the word ``private economy'', the perspective of Vietnam's private economic development, and analyzes the achievements of the private economy in the period of 2011-2018. In addition, the article also examines the experience of some countries, from which we could be able to gain meaningful lessons to improve our national private economic model. The countries chosen include: (i) China, a neighboring country, has a political system relatively similar to Vietnam. China early developed and focused on the private economic system as the result of successfully identifying the vital role of the model in national economic growth. (ii) South Korea and the United States, despite being capitalist, have achieved successful private economic development with an array of valuable lessons for Vietnam.

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SHEVCHENKO, H. M. "BEHAVIORAL ASPECTS OF THE RELATIONSHIP BETWEEN INCLUSIVE EXPERIENCE ECONOMY AND WELFARE ECONOMY (ON THE EXAMPLE OF ECO-RECREATIONAL SPHERE)." Economic innovations 22, no. 2(75) (June 20, 2020): 135–44. http://dx.doi.org/10.31520/ei.2020.22.2(75).135-144.

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Topicality. There is a necessity to study the behavior of recreants, implemented in the conceptual model of inclusive experience economy, taking into account the content and features of recreational needs as a basis for motivated behavior of recreants, combining ecological and psychological aspects of such behavior.Aim and tasks. The aim of the article is to substantiate the relationship between the inclusive experience economy and the welfare economy based on the application of a behavioral approach on the example of eco-recreational sphere of activity.Research results. In the article is substantiated that the experience economy in combination with an inclusive approach is a behavioral economics direction, in which emotions, experiences and impressions are not just factors influencing the behavior of the individual, but the object of economic-psychological research. A conceptual scheme for managing the behavior of recreants in the process of meeting the needs of recreation, experience, impressions, etc. is presented, which allows iterative analysis of certain scenarios and anticipate changes in the territorial-recreational system to optimize the relationship between recreants, recreational enterprises, government and the public. At the stage "investment", the optimization model, built on the basis of the proposed scheme, allows to determine investment-attractive recreational and tourist destinations.Conclusion. In the paper the behavior in the recreational socio-economic sphere based on the application of ecopsychological approach, which allows to integrate aspects of ecologically oriented and eco-recreational activities in a single natural / recreational environment is substantiated, and a conceptual approach to managing economic behavior of recreants is developed, in the process of organizing and providing recreational services in order to form a set of sound management decisions to optimize the relationship between recreational actors, taking into account the factors of inclusive experience economy. The essential interrelationships between ecological and recreational needs have been improved, taking into account the criteria of primacy / secondariness; attitude to social, economic (material) and cultural needs; complexity – in the formation of the structure of welfare.

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Riker, William H., and David L. Weimer. "The Economic and Political Liberalization of Socialism: The Fundamental Problem of Property Rights." Social Philosophy and Policy 10, no. 2 (1993): 79–102. http://dx.doi.org/10.1017/s0265052500004155.

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All our previous political experience, and especially, of course, the experience of Eastern Europe and Central Asia, offers little hope that democracy can coexist with the centralized allocation of economic resources. Indeed, simple observation suggests that a market economy with private property rights is a necessary, although not sufficient, condition for the existence of a democratic political regime. And this accords fully with the political theory of liberalism, which emphasizes that private rights, both civil and economic, be protected and secure. At the same time, our previous experience also indicates that market economies are more successful than centrally planned economies not only in producing, but also in distributing, both private and collective goods. This economic experienee is supported by neoclassical economic theory, which treats clearly defined and secure rights to private property as essential to a market economy.

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FEDOROVA, Elena A., and Lyubov' E. KHRUSTOVA. "Approaches to the interpretation of the classical model of the experience economy." Finance and Credit 28, no. 10 (October 27, 2022): 2180–200. http://dx.doi.org/10.24891/fc.28.10.2180.

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Subject. This article deals with the theory of the experience economy and its place in the system of modern economic models. Objectives. The article aims to substantiate the need to develop tools to support and stimulate the experience economy in Russia. Methods. For the study, we used a content analysis, aspect analysis, and systematization of approaches of Russian and foreign authors. Results. The article systematizes the results of research of domestic and foreign authors, complementing the classical approach to the interpretation of the content of the experience economy. It also substantiates the relevance and significance of the study of the experience economy in the conditions of the present-day realities of the Russian economy, taking into account the sectoral aspect. Conclusions and Relevance. The classical model of the experience economy and the traditionally identified spheres of consumer experience get reflected in various sectors of the economy. The concept of the experience economy is the basis for the development of applied tools aimed at achieving a certain reaction of the consumer, which determines the prospects for the development of the experience economy in Russia. The study results obtained are the theoretical basis for the development of applied industry tools to support and stimulate the experience economy in Russia, and can also be used to further conceptualize the theory of the experience economy.

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TANKLEVSKA, Nataliya, Alla KARNAUSHENKO, and Victoriya PETRENKO. "Israeli experience of post-war reconstruction of the economy." Scientific Bulletin of Flight Academy. Section: Economics, Management and Law 6 (2022): 20–28. http://dx.doi.org/10.33251/2707-8620-2022-6-20-28.

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Objective. The main objective of this article was to study the Israeli experience of post-war economic reconstruction and to define the factors effecting the growth and development of the economy of Israel. Methods. We used such general and specific methods as comparison, analysis, synthesis, graphic method and grouping in order to gain this objective. Results. As a result of this research we defined the main indicators of economic development of Israel and its position in world ratings. We also defined the main indicators of development of Israel as a state, among which are international support, issue of government bonds, reparation from Germany, and development of the New Economic policy, establishment of the Israeli Military Force culture and inflow of human resources. Launching of major infrastructure projects played a significant role in economic recovery, such as water supply system construction, sea ports and processing plants. Moreover, state supported agriculture and light industry. The economy of Israel is highly developed due to support to research and development achievements made by scientists, thus, it is based on gaining new knowledge and its practical implementation. The basis for Israel’s economic miracle is science, the development and implementation of new technologies with their further adaption for real manufacturing. Israel’s experience is a valuable example of post-war reconstruction of a country and the way to bring the country out of ruins. It is worth taking Israeli experience into account while developing Ukraine’s Marshall Plan when it goes about taxation, state production support, human capital accumulation, development of innovations and their implementation into processing industry. Scientific novelty. In the research the authors proved that the phenomenon of Israel’s economic miracle is unique and its experience is a positive example of how to make the economy innovative out of nothing. Practical significance. The research defined the factors effecting the establishment of the economy of Israel. These factors may be used in the Ukrainian reality, while developing the recovery plan. Key words: economy competitiveness, innovative economy, technology and innovation, post-war reconstruction, international experience, global economy, development.

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Aibossynova, D. A., K. A. Kirdasinova, and L. M. Mutalieva. "Regional management: foreign experience." Bulletin of "Turan" University, no. 3 (October 4, 2020): 16–20. http://dx.doi.org/10.46914/1562-2959-2020-1-3-16-20.

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Regional management is currently considered as a combination of administrative, economic, political impacts on economic, social, demographic, resource-economic and other processes taking place in the region with the aim of ensuring a sustainable and balanced development of the region and the improvement of the life quality of the population today and in perspective. The diversity of regional economic systems forms the basis of the mechanism for identifying and disseminating the positive experience of the national economy management. This aspect determines the relevance of the study. The article discusses the patterns and features of the regional governance on the basis of the socio-economic development of two polar states in order to illustrate the national interests of each country. The problems of the socio-economic development are shown from the position of systematic approach principles and methods. The main goals of the regional management are also formulated, along with the ways of smoothing the levels of the socio-economic development of regions by overcoming existing interregional imbalances. As a part of the study of the patterns and features of China’s regional management the institutional approaches of the regional policy have been indicated taking into account the ranking of territories and the directive planning of the national economy. Organizational and economic mechanisms focused on the improvement of the human resources potential have been studied on the base of the German model of regional policy. Based on the results of the study, relevant conclusions were made.

Journal articles on the topic 'Experience economy'

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